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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 303 · 40 questions
TalentJR

How to work it out (P × R × T over 100): Simple interest SI = P × R × T ÷ 100 (P = money kept, R = rate % a year, T = years). Amount = P + SI. Rate R = SI × 100 ÷ (P × T); time T = SI × 100 ÷ (P × R).

NameDateTime takenScore ___ / 40
  1. 1.₹5000 earns ₹450 simple interest at 3% a year. For how many years was it kept?
  2. 2.₹1000 earns ₹80 simple interest at 8% a year. For how many years was it kept?
  3. 3.Kabir keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  4. 4.Ishaan keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  5. 5.Sara keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  6. 6.₹3000 earns ₹270 simple interest in 3 years. What is the rate of interest per year, in percent?
  7. 7.₹500 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  8. 8.₹1000 earns ₹180 simple interest at 9% a year. For how many years was it kept?
  9. 9.₹3000 earns ₹360 simple interest in 1 year. What is the rate of interest per year, in percent?
  10. 10.Meera keeps ₹4000 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  11. 11.₹500 earns ₹60 simple interest at 6% a year. For how many years was it kept?
  12. 12.₹2500 earns ₹700 simple interest at 7% a year. For how many years was it kept?
  13. 13.Anaya keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  14. 14.Anaya keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  15. 15.Isha keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  16. 16.₹1000 earns ₹40 simple interest at 4% a year. For how many years was it kept?
  17. 17.Sara keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  18. 18.₹1000 earns ₹120 simple interest at 4% a year. For how many years was it kept?
  19. 19.₹3000 earns ₹960 simple interest at 8% a year. For how many years was it kept?
  20. 20.₹3000 earns ₹300 simple interest at 2% a year. For how many years was it kept?
  21. 21.Anaya keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  22. 22.₹2000 earns ₹540 simple interest at 9% a year. For how many years was it kept?
  23. 23.₹500 earns ₹160 simple interest in 4 years. What is the rate of interest per year, in percent?
  24. 24.Isha keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Isha get in 5 years?
  25. 25.Anaya keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  26. 26.₹3000 earns ₹420 simple interest at 7% a year. For how many years was it kept?
  27. 27.Arjun keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  28. 28.₹5000 earns ₹1050 simple interest in 3 years. What is the rate of interest per year, in percent?
  29. 29.Aarav keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  30. 30.₹2000 earns ₹440 simple interest in 2 years. What is the rate of interest per year, in percent?
  31. 31.₹1000 earns ₹60 simple interest at 6% a year. For how many years was it kept?
  32. 32.Arjun keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  33. 33.Riya keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  34. 34.₹5000 earns ₹800 simple interest in 4 years. What is the rate of interest per year, in percent?
  35. 35.₹3000 earns ₹1650 simple interest at 11% a year. For how many years was it kept?
  36. 36.Rohan keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  37. 37.₹500 earns ₹120 simple interest at 12% a year. For how many years was it kept?
  38. 38.₹2500 earns ₹200 simple interest at 4% a year. For how many years was it kept?
  39. 39.₹4000 earns ₹1280 simple interest at 8% a year. For how many years was it kept?
  40. 40.Dev keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?

Answer key

  1. 3
  2. 1
  3. 60
  4. 1050
  5. 8000
  6. 3
  7. 4
  8. 2
  9. 12
  10. 4400
  11. 2
  12. 4
  13. 2175
  14. 450
  15. 5600
  16. 1
  17. 2800
  18. 3
  19. 4
  20. 5
  21. 440
  22. 3
  23. 8
  24. 800
  25. 280
  26. 2
  27. 240
  28. 7
  29. 570
  30. 11
  31. 1
  32. 1620
  33. 2240
  34. 4
  35. 5
  36. 1200
  37. 2
  38. 2
  39. 4
  40. 1200

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